qualifying termination

Italian translation: licenziamento con indennizzazione o fuoriuscita

Advertisement

Login or register (free and only takes a few minutes) to participate in this question.

You will also have access to many other tools and opportunities designed for those who have language-related jobs (or are passionate about them). Participation is free and the site has a strict confidentiality policy.

A qualifying termination is defined as a voluntary or involuntary termination of employment within three years after a change in control, with respect to Mr. McGinnis and Mr. Elsesser. With respect to Messrs. Block, Krum and Sackett, a qualifying termination includes voluntary or involuntary termination within two years after a change in control, but excludes voluntary termination if the executive retains substantially the same employment after a change in control arising from the sale of substantially all of the pet products assets of the Company.